Labor market dynamics when (un)employment is a social norm

Koursaros, Demetris

doi:10.1016/j.jebo.2016.12.006

Cited by 6 publications

(2 citation statements)

References 59 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The deviation in aggregate labor force participation for different countries is partly resulted by differences in the labor participation of women that is considerably distinctive for developed countries (Brenke, 2015;Johnson, 2014;Mishra and Smyth, 2010) and developing countries (Husain, 2016;Hare, 2016;Tam, 2011). A broad spectrum of social standard (Koursaros, 2017), properties of economic growth, peculiarities of international migration (Prat, 2016;Nica, 2015;Christofides et al, 2007) and historical conditions (Bozani and Drydakis, 2015;Gaddis and Klasen, 2014) are other important factors of labor market development in the long run.…”

Section: Introduction and Literature Reviewmentioning

confidence: 99%

Labor force participation in Eastern European countries: nonlinear modeling

Oliskevych

Lukianenko

2019

JES

View full text Add to dashboard Cite

Purpose The purpose of this paper is to investigate the behavior peculiarities of the labor force participation in Eastern European countries. Design/methodology/approach The authors provide the analysis of nonlinearity in dynamics of economic active population and perform the econometric analysis using logistic smooth transition autoregressive models that are flexible and capture various kinds of behavior for different modes. The paper investigates labor markets of six Eastern European countries, Hungary, Bulgaria, Poland, Slovakia, Romania and Croatia that are characterized by lower level of labor force participation rate (LFPR) than average level in EU. Findings The results of modeling quantitatively characterize smooth changes in the behavior modes of labor force activity for each country and indicate how population economic activity depends on previous labor market states. The estimated slope parameters that determine the smoothness of transition between regimes show that, in all countries, the labor force participation quite quickly reacts to changes that occurred on the labor market in the past. During recession periods, households of European countries that joint EU last decade in order to prevent the depletion of their total income increased labor supply and showed increased activity in job search. Originality/value This paper indicates the nonlinearity and asymmetry in LFPR in transition economies, discovers variety of its dynamics in the different regimes and determines the indicators that cause the change of the population economic activity behavior in each country.

show abstract

Section: Introduction and Literature Reviewmentioning

confidence: 99%

Labor force participation in Eastern European countries: nonlinear modeling

Oliskevych

Lukianenko

2019

JES

View full text Add to dashboard Cite

show abstract

“…Thus, there exists a critical body of research closely related to this investigation that has analysed spatial dependence among LFPR. First, a group of studies has offered, from a more general standpoint, empirical evidence on the importance of accounting for spatial effects in the labour market analysis (Cochrane & Poot, 2008;Elhorst, 2001;Halleck-Vega & Elhorst, 2014, 2017. A second group of studies has more specifically focused on the LFPR analysis from a spatial perspective.…”

Section: Literature Reviewmentioning

confidence: 99%

Labor supply and the business cycle: The “bandwagon worker effect”

Román

Cuéllar‐Martín

Blas

2020

Papers in Regional Science

View full text Add to dashboard Cite

The relationship between labour force participation and the business cycle is a common topic in economic literature. However, few studies have examined if the cyclical sensitivity of labour force participation is influenced by social effects. In this paper, we construct a theoretical model defining a relatively new hypothesis, the bandwagon worker effect (BWE). We use spatial econometrics techniques to test the existence of the BWE in the local labour markets in Spain. Our results reveal a positive spatial dependence in the cyclical sensitivity of labour force participation that decreases as we fix a laxer neighbourhood criterion, which verifies the existence of the BWE.

show abstract

Learning expectations using multi-period forecasts

Koursaros

2019

Journal of Economics and Business

View full text Add to dashboard Cite

Labor market dynamics when (un)employment is a social norm

Cited by 6 publications

References 59 publications

Labor force participation in Eastern European countries: nonlinear modeling

Labor force participation in Eastern European countries: nonlinear modeling

Labor supply and the business cycle: The “bandwagon worker effect”

Learning expectations using multi-period forecasts

Contact Info

Product

Resources

About